When was property at 5 Drake Place built and last sold?

The property at 5 Drake Place was built in 2008 and last sold on Jul 10, 2017 for $900,000.

How much is this home worth?

The estimated value of the home located at 5 Drake Place is $0.

What are some comparable homes to 5 Drake Place?

There are currently no comparable homes to 5 Drake Place.

Ocean

08721

5 Drake Place

$900,000

● House - Off Market

5 Drake Place

Bayville, NJ 08721

3 Beds

5 Baths, 1 Half Bath

$1,518,423

RealtyHop Estimate

59.85%

Since Aug 1, 2017

National-US

Primary Model

About This Property

Elegant 3 Level Custom Home with 3 Bedrms and 4.5 Bathrms. Beautiful views of the Bay can be seen throughout the home. 2.5 story open Family Rm w/ Unobstructed views of the Bay, Rock Wall Gas Firepl & access to a 2 tier Deck to enjoy the Bay. 2nd level Loft Area looks down onto the family room. 1st level host a Formal Dining rm, Gourmet Kitchen, Bedrm, Laundry, Full & Half Bath. Gourmet Kitchen: Granite Counters, Center Island w/ Sink, Pot Faucet over Stove, Soft Close Drawers, Stove side Spice Racks & Pantry. Ride 3 Floor Elevator to 2nd Level: Master Sweet w/ Bath, 2nd Bedrm, Game Room and hallway Full Bathrm. Master Bedrm glass doors allows you to see bay. Loft area access to 2nd level Balcony. 3rd level via 2 Spiral Stair Cases or Elevator. 3rd level Office, Library & 3rd Level Balcony 2 Car Garage, 3 Zone Heating and Cooling, Backup Natural Gas Generator and 120 foot (+) Bulkhead where you can park your Boat.

Unit Size

Days on Market

Land Size

Price per sqft

Property Type

House

Property Taxes

$1,306

HOA Dues

Year Built

2008

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MOMLS #21637405)

Price History

Date / Event	Date	Event
Jul 14, 2017	Sold	Premium
Sold
Oct 20, 2016	Listed by C21/ Action Plus Realty	$949,900
Listed by C21/ Action Plus Realty

Property Highlights

Elevator

Garage

Building Info

Overview

General

Year Built: 2008

Effective Year Built: 2008
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 21
Exterior Walls Type: 19
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 7
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 12,793

Lot Size Frontage Feet: 210
Total Building Area: 3,796
Building Area: 3,796
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 7
Heated Square Feet: 3,796
Heating Fuel Type: 3

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000293
Standard Land Use Code: 1001
County Land Use Code: 2

Neighborhood

School District Name: Berkeley Township School District

Census Tract: 731001

Zoning

Zoning: R50

Geography

Assessors Map Reference: TAX MAP 98

District: 06
Parcel: 06 01221- 03-00008
Block: 1221.03
Lot: 8
Municipality: BERKELEY TWP
Latitude: 39.9117
Longitude: -74.1269

Address

Full Address: 5 Drake Pl

Address - House Number: 5
Address - Street Name: Drake
Address - Suffix Type: Pl
State: NJ
City Name: Bayville
Carrier Code: C012
4-Digit Zip Code: 1509
Zip Code: 08721

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,773,783

Appraisal Valuation

Standard Deviation: 0.192

Valuation Date: Apr 03, 2024
Confidence Score: 74
Final Value: 1,307,661
High Value: 1,558,745
Low Value: 1,056,577

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Financing Type:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $779,000

Market Land Value: $317,800
Market Improvement Value: $461,200

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $779,000
Assessed Land Value: $317,800
Assessed Improvements Value: $461,200

Sales

Current Sale Contract Date: Jul 10, 2017

Current Sale Recording Date: Jul 21, 2017
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 2017074754
Previous Sale Recording Date: Dec 29, 2000
Previous Sale Contract Date: Dec 29, 2000
Previous Sale Amount: $249,000
Previous Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium

Financing

First Mortgage Financing Type: VAR

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Ocean

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$302

Above Asking

0.00%

Average Days on Market

Average Home Size

1593 ft²

Average Home Age

24.1 years

Currently For Sale

4226 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$2,900 /mo

3 Beds
1 Bath

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Unit for rent at 255 Pine Drive, Bayville, NJ, 08721

$3,000 /mo

3 Beds
2 Baths

255 Pine Drive, Bayville, NJ, 08721 Listing by Patricia A Karnatski

Unit for rent at 223 Riverside Drive, Bayville, NJ, 08721

$3,000 /mo

5 Beds
1 Bath

223 Riverside Drive, Bayville, NJ, 08721 Listing by Gabriella Lisi

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Wayne Brown, C21/ Action Plus Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21637405

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

5 Drake Place

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Ocean

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions